Securitize has launched the Apollo Diversified Credit Fund (ACRED) on the Sei Network, marking the first tokenized product on the platform. Supported by BlackRock, Securitize will utilize Wormhole for cross-chain transfers, enhancing liquidity and accessibility of ACRED tokens. The fund tokenizes Apollo's investments in corporate and asset-backed loans, as well as high-performing credits. Securitize, managing over $4 billion in assets, collaborates with major asset managers like Apollo, BlackRock, and KKR to tokenize real-world assets. Apollo, with approximately $840 billion in assets under management, specializes in private equity, credit, and real assets.
Apollo Launches Tokenized Credit Fund on Sei Network via Securitize
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